Nymander Inc. is a small business that sells headphones in Toronto. A gross margin income statement for a recent quarter is presented below. Nymander Inc. Gross Margin Income Statement For the Most Recent Quarter Sales $225,000 Cost of goods sold 130,500 Gross margin 94,500 Selling and administrative expenses: Selling expenses 20,000 Administrative expenses 29,200 49,200 Operating income $45,300 The headphones sell, on average, for $95 each. The company's variable selling expenses are $5.00 per headphone sold. The remaining selling expenses are fixed. Variable administrative expenses are 1% of sales. Assume all cost of goods sold are variable costs. Carefully check your answers before submitting. If you get a response incorrect in the beginning of the question, this could result in the remaining parts also being incorrect. Make sure you carry through all digits and only round your final answers. Negative numbers should be entered with a negative sign, not brackets. 1. What are the total variable costs (rounded to the nearest dollar)? (3 marks)